BFM Podcast
Najib Vindicated?
The Morning Run Crew
14-Jun-18 11:25
The Morning Run discusses Moody's latest report on Malaysia where they maintained Malaysia’s GDP to Debt ratio at 50.8% as opposed to the 80.3% claimed by the Harapan government. In response to this former Prime Minister Najib Razak claimed that "you can mislead the people but you cannot mislead the experts".
7:56 - Toyota's US$1 billion investment in Grab.
Presented by: Melisa Idris, Sharaad Kuttan
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Be the first to like this. Showing 12 of 12 comments
Ratings agencies and foreign fund managers have to take care of their own interests first. Have any of them been critical of Najib when he was PM. Why?
2018-06-14 14:17
Fund managers and foreign investors won't give a damn when a country burns and its rakyat eats dirt so long they make their profits and get a good return in their investments. Like rats, they will abandon ship once the ship starts sinking. And as for rating agencies, just look at the US example and the good ratings that they gave to sub-prime loans at that time. Did the rating agencies warn about those loans or downgraded the banks and investment houses issuing them? No!, they were totally clueless about that, or if they knew, they just kept quiet because they were on eating from the same feeding trough.
2018-06-14 23:32
yup LGE calculation is stupid...when moodys tellling this we now see the stupidity...but maybe smart by delivering revenge, till market like this...ermmm
2018-06-14 23:41
Posted by magus > Jun 14, 2018 11:32 PM | Report Abuse
Fund managers and foreign investors won't give a damn when a country burns and its rakyat eats dirt so long they make their profits and get a good return in their investments. Like rats, they will abandon ship once the ship starts sinking. And as for rating agencies, just look at the US example and the good ratings that they gave to sub-prime loans at that time. Did the rating agencies warn about those loans or downgraded the banks and investment houses issuing them? No!, they were totally clueless about that, or if they knew, they just kept quiet because they were on eating from the same feeding trough.
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smart chap
2018-06-15 01:49
Posted by magus > Jun 14, 2018 11:32 PM | Report Abuse
Fund managers and foreign investors won't give a damn when a country burns and its rakyat eats dirt so long they make their profits and get a good return in their investments. Like rats, they will abandon ship once the ship starts sinking. And as for rating agencies, just look at the US example and the good ratings that they gave to sub-prime loans at that time. Did the rating agencies warn about those loans or downgraded the banks and investment houses issuing them? No!, they were totally clueless about that, or if they knew, they just kept quiet because they were on eating from the same feeding trough.
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vulture economics
2018-06-15 01:50
ussually im just using decent words such as amateur to LGE. but sorry today overeacted...ok im monitoring LGE statement 1T debt, relative to foreign outflow, massively out after that.today some of the biggest bout-400 M...not just rely on report...if you say i just rely on a report i can twist back report why you rwport on DOJ about 1mdb
2018-06-15 02:32
nevermind, i dont want to talk bout politic here just wanna say what already rated (by moodys, etc) better dont add more salt,coz it could harm innocent people, (market, etc.)ok...hopefully foreign confidence retreat in a couple of moth/years from noew
2018-06-15 02:36
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